Experts say that to provide free food to a large number of the world’s second most populous country by November, the government will need about 700 billion rupees and an additional 100 billion rupees for free vaccination.
PM Narendra Modi (file photo)
Prime Minister Narendra Modi has made several big announcements on Monday amid the Corona crisis, in which he told that now the central government will take up the responsibility of getting the corona vaccine and to give free vaccine to all people above 18 years from June 21. Arrangements will be made. With this, the poor and needy i.e. more than 80 crore countrymen will be provided free food grains in fixed quantity every month till November. After these announcements of the PM, the experts said that the Government of India will have to spend an additional 800 billion rupees or $ 11 billion in all this.
Some economists say that the government needs about 700 billion rupees to provide free food to a large number of the world’s second most populous country by Diwali i.e. November and an additional 100 billion rupees for free vaccination. Will be. Experts say that with the additional funds, the government will spend a total of Rs 1.3 trillion on providing free food to the needy and Rs 350 billion will be set aside for vaccination in the budget.
“The country’s financial math is likely to get worse”
Experts say that since the Reserve Bank of India (RBI) has decided to transfer Rs 99,122 crore to the central government, the government may not have to tap the bond market to fund these expenses. At the same time, Madhavi Arora, Economist of Emkay Global Financial Services Limited in Mumbai, said that after this much expenditure, the financial mathematics of the country is likely to deteriorate. Some experts said that under the vaccination campaign starting from January 16, 23.61 crore vaccine doses have been administered so far. With this speed, it may take about 22 months to cover 75 percent of the population.
PM Modi’s two big announcements for the country amid Corona crisis
While addressing the country, PM Modi made two biggest announcements and said that under the Pradhan Mantri Garib Anna Yojana, earlier in May and June, free ration was talked about, but now this scheme is being extended till Diwali. He said that the government has decided that the Pradhan Mantri Garib Kalyan Anna Yojana will now be carried forward till Diwali. In this time of pandemic, with every need of the poor, the government is standing as their partner. That is, by November, free food grains will be available in fixed quantity every month to more than 80 crore countrymen.
At the same time, in another big announcement of the PM, it has been decided that the central government will also take 25 percent of the responsibility of vaccination with the states. The Government of India will provide free vaccine to the state governments. Only the Government of India will provide the vaccine to all the countrymen. This system of free vaccines will start from June 21 (World Yoga Day). Yes! Those who do not want to get the vaccine for free, they can get the vaccine done in a private hospital. Private hospitals will also now be able to charge only Rs 150 for the vaccine.
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